|By Business Wire||
|May 20, 2014 01:22 PM EDT||
Red Lambda, Inc., a leading provider of grid-based, predictive security analytics solutions for big data, announced today it has been selected as a Red Herring Top 100 North America winner for 2014. The award recognizes the leading private companies from North America and celebrates their innovations and technologies across their respective industries.
“We are honored to receive this prestigious award and to be chosen as one of the most promising companies in all of North America,” said Iain Kerr, chief executive officer of Red Lambda. “Red Lambda can now count itself among the ranks of past winners such as Facebook, Google, Splunk, Palo Alto Networks and Skype. Our MetaGrid™ technology is being recognized as the must-have IT security solution for organizations that need to make the shift from a forensic approach to a preemptive posture in order to combat today’s hyper-aggressive cyberattacks. This award is a strong statement about Red Lambda’s innovation and market momentum,” Kerr said.
Red Herring Top 100 North America enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.
“In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe Red Lambda embodies the vision, drive and innovation that define a successful entrepreneurial venture. Red Lambda should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
About Red Lambda
Red Lambda combines patented advances in big data, security and analytics to simplify and unify today’s complex IT environments, empowering organizations to preempt internal abuse and external cyberattacks, while deriving maximum business value from their data. MetaGrid™, the company’s flagship solution, fuses virtual supercomputing, relational stream processing and artificial intelligence for the first time into one integrated platform, delivering unprecedented capabilities to perform “stream time,” on-the-fly anomaly detection without rules, signatures or manual programming to identify even unknown threats. For more information, visit our website at www.redlambda.com.